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Aug. 16, 2022, 4:30 p.m. EDT

Meta Platforms Inc. stock underperforms Tuesday when compared to competitors

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Shares of Meta Platforms Inc. /zigman2/quotes/205064656/composite META -1.23% dropped 0.79% to $179.47 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.47% rising 0.71% to 34,152.01 and the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +0.14% falling 0.19% to 13,102.55. The stock's fall snapped a two-day winning streak. Meta Platforms Inc. closed $204.86 below its 52-week high ($384.33), which the company achieved on September 1st.

The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.67% fell 0.26% to $292.71, Alphabet Inc. Cl A /zigman2/quotes/202490156/lastsale GOOGL -1.10% fell 0.31% to $121.70, and Twitter Inc. fell 0.22% to $44.40. Trading volume (21.0 M) remained 8.8 million below its 50-day average volume of 29.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 300.21
-3.75 -1.23%
Volume: 25.37M
Sept. 29, 2023 4:00p
P/E Ratio
35.00
Dividend Yield
N/A
Market Cap
$782.14 billion
Rev. per Employee
$1.39M
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,507.50
-158.84 -0.47%
Volume: 0.00
Sept. 29, 2023 5:20p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,219.32
+18.05 +0.14%
Volume: 5.17B
Sept. 29, 2023 5:16p
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 315.75
+2.11 +0.67%
Volume: 24.15M
Sept. 29, 2023 4:00p
P/E Ratio
32.60
Dividend Yield
0.95%
Market Cap
$2330.27 billion
Rev. per Employee
$958,891
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/zigman2/quotes/202490156/lastsale
US : U.S.: Nasdaq
$ 130.86
-1.45 -1.10%
Volume: 30.86M
Sept. 29, 2023 4:00p
P/E Ratio
27.68
Dividend Yield
N/A
Market Cap
$1673.05 billion
Rev. per Employee
$1.51M
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